Currently, the Asia-Pacific Economic Cooperation and its economies are at a new turning point facing with opportunities and challenges. The overall development of the Asia-Pacific region must give high efforts on improving and promoting innovative development. As being one of the leaders of global economy, APEC believes that the development is stable and sustainable whereas, at the same time, the Asia-Pacific region is facing challenges in various aspects: it realized that in a world full of global and regional economic integration and cooperation, it always has to find new and innovative ways to achieve its objectives and to continue keeping updating with the global economy. Due to APEC expectations that are to consolidate and advance regional economic integration, to support the multilateral trading system, to resist protectionism, and to guard against the risks of fragmentation, it is very urgent for its members to find new areas and driving forces to
Figure III: FDI inward stock in APEC member economies
- 14 -
growth in the long-term. As a result, they need to increase their efforts to achieve breakthroughs in this situation and to work to ensure that enhanced connectivity and infrastructure development are meet the growing needs of the member economies.
Currently, the Asia-Pacific Economic Cooperation and its economies are at a new turning point facing with opportunities and challenges. The overall development of the Asia-Pacific region must give high efforts on improving and promoting innovative development. As being one of the leaders of global economy, APEC believes that the development is stable and sustainable whereas, at the same time, the Asia-Pacific region is facing challenges in various aspects: it realized that in a world full of global and regional economic integration and cooperation, it always has to find new and innovative ways to achieve its objectives and to continue keeping updating with the global economy. Due to APEC expectations that are to consolidate and advance regional economic integration, to support the multilateral trading system, to resist protectionism, and to guard against the risks of fragmentation, it is very urgent for its members to find new areas and driving forces toFigure III: FDI inward stock in APEC member economies- 14 -growth in the long-term. As a result, they need to increase their efforts to achieve breakthroughs in this situation and to work to ensure that enhanced connectivity and infrastructure development are meet the growing needs of the member economies.
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